DANA POINT, Calif.–The Credit Unions for Kids Wine Auction has broken a fundraising record with $1.7 million raised for the 11 Children’s Miracle Network Hospitals in California and Nevada.
Fresh Today
PHILADELPHIA–Three credit unions have reportedly asked a federal judge in Philadelphia to approve a $28.5 million settlement with WaWa that would end their negligence claims against the chain of convenience stores over a data breach.
NEW YORK—With March being Women’s History Month, Yahoo Finance said it has conducted an analysis of the payments habits of women and men, and pointed to a key event in history that opened the door to credit for women.
MADISON, Wis.–By increasing their family’s savings more than $48,800 and reducing debt by $7,971 in just seven months, Evan and Robin Quilling of Fall River have won the 14th season of Summit Credit Union’s Project Money program.
OMAHA –Centris Federal Credit Union said it has launched Centris Round-Up, a new program members can enroll in that will round up each debit card purchase they make to the next whole dollar. The member can then transfer that round-up amount out of their checking and into their chosen savings account.
HAMPSHIRE, U.K.–A new study from Juniper Research is projecting the number of digital identity apps in use will exceed 4.1 billion globally by 2027; rising from 2.3 billion in 2023.
WASHINGTON–The consumer price index (CPI) rose by 6% in February, reflecting a slight slowdown in the pace of inflation, which was up 6.4% one month earlier, according to new data from the Labor Department.
MASSENA, N.Y.—Credit unions leaders are telling CUToday.info they aren’t hearing many questions yet from members in the wake of the failure of two large banks, but they are also staying close to the matter and ensuring staff are well-versed on what is happening, are updating their respective boards on the soundness of their own organizations, and indicating the news could drive more consumers to CUs.
WASHINGTON–The House of Representatives is adjourned this week, while the Senate will meet for three days, leaving just one hearing of interest to credit unions—and it’s expected to draw considerable attention.
MADISON, Wis.–Loan growth at credit unions slowed modestly in January when compared with January of 2022, with savings also slowing during the month. The result was “modestly tighter” liquidity, according to CUNA chief economist.